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![90‑Day Irregularity under RBI IRACP Norms Established: Delhi HC Upholds Canara Bank’s NPA Classification as Lawful [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/500x300_2112363-rbi-iracp-npa-canara-bank-90day-irregularity-iracp-norms-classification-lawful-taxscan.webp "90‑Day Irregularity under RBI IRACP Norms Established: Delhi HC Upholds Canara Bank’s NPA Classification as Lawful [Read Order]")
90‑Day Irregularity under RBI IRACP Norms Established: Delhi HC Upholds Canara Bank’s NPA Classification as Lawful [Read Order]
The Delhi High Court has upheld Canara Bank’s decision to classify the loan account of respondents as a Non‑Performing Asset (NPA), holding that the...
![Interest from Fixed Deposit is an Unearned Passive Income derived out of Non-Manufacturing Activity and not Eligible for Deduction U/S 80IC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Interest-Fixed-Deposit-Passive-Income-Non-Manufacturing-Activity-Deduction-ITAT-taxscan.jpg "Interest from Fixed Deposit is an Unearned Passive Income derived out of Non-Manufacturing Activity and not Eligible for Deduction U/S 80IC: ITAT [Read Order]")
![Electronic Cards can be issued for Overdraft Accounts: RBI [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/03/Access-Cards-GST-Taxscan.jpg "Electronic Cards can be issued for Overdraft Accounts: RBI [Read Circular]")
![Finance cost incurred on Overdraft obtained from Bank which is advanced to Sister Concern for Non-Business purpose is not Business Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Business-Loss-Taxscan.jpg "Finance cost incurred on Overdraft obtained from Bank which is advanced to Sister Concern for Non-Business purpose is not Business Loss: ITAT [Read Order]")